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Bitcoin.com News|Feb 06, 2025 18:32
Did the SEC just flip on crypto? Major enforcers sidelined, new leadership takes over! 🚀
The SEC is shaking things up. Top crypto enforcers removed. Policies shifting. Trump’s pro-crypto stance is taking hold. The agency’s crackdown may be over.
Jorge Tenreiro, the force behind major lawsuits—reassigned. Natasha Guinan, who tightened crypto custody rules—moved. A Republican-led SEC now calls the shots.
A new crypto task force is in place, led by Hester Peirce—longtime critic of strict enforcement. Cases against major players like Coinbase? Could be settled or even dropped. Also, regulators just revoked SAB 121, giving banks more freedom to hold crypto. And with Trump’s new executive order, expect even more changes.
The crypto winter in D.C. might be ending. Are we about to see a pro-crypto boom like never before? 🔥
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